VP - GenAI Quant Developer
Company: Bank of America
Location: New York City
Posted on: April 4, 2026
|
|
|
Job Description:
Job Description: At Bank of America, we are guided by a common
purpose to help make financial lives better through the power of
every connection. We do this by driving Responsible Growth and
delivering for our clients, teammates, communities and shareholders
every day. Being a Great Place to Work is core to how we drive
Responsible Growth. This includes our commitment to being an
inclusive workplace, attracting and developing exceptional talent,
supporting our teammates’ physical, emotional, and financial
wellness, recognizing and rewarding performance, and how we make an
impact in the communities we serve. Bank of America is committed to
an in-office culture with specific requirements for office-based
attendance and which allows for an appropriate level of flexibility
for our teammates and businesses based on role-specific
considerations. At Bank of America, you can build a successful
career with opportunities to learn, grow, and make an impact. Join
us! Job Description: The New York Rates Quantitative Strategy Data
Group is seeking an individual to join the team. We provide
analytical and model support across all NY Rates businesses,
including exotics, options, swaps, governments, agency, repo,
structured notes, and inflation, as well as key partner functions
such as finance, risk management, and middle office. In parallel
with the rapid emergence of Generative AI, the group is expanding
its capabilities to build and deploy LLM- and agent-based tools
that enhance the way Rates desks price, hedge, manage risk, and
interact with clients. The current position will focus primarily on
linear rates derivatives, while also contributing to the broader
Rates analytics platform and an embedded AI initiative within
Global Markets. This is a high-impact role operating in a
trading-floor environment, interfacing with trading, sales,
technology, and senior stakeholders. Responsibilities: Generative
AI / LLM & Agentic Systems (Embedded AI Initiative) Design,
prototype, and deploy LLM-powered applications for the Rates
business, e.g.: Workflow automation for pricing, risk checks, data
QA, and post-trade analysis. Trade idea generation and scenario
tooling, Build agentic workflows (and/or similar orchestration
frameworks) to create reliable, multi-step reasoning systems with
tool use (pricing engines, risk calculators, data APIs). Research
and evaluate new models/methods (prompting, fine-tuning,
embeddings, evaluation harnesses, guardrails) and develop
lightweight prototypes that can be productionized. Partner with
tech, support partners and the business to ensure AI solutions are
safe, compliant, and aligned with front-office needs, including
appropriate monitoring and model risk controls. Educate desk users
and stakeholders on new tools and best practices for adoption.
Rates Quant / Analytics (Core) Develop and enhance pricing and risk
models for linear rates derivatives (e.g., swaps, FRAs, futures,
treasuries) and associated curve/market data analytics. Integrate
models and analytics into the firm’s trading and risk systems,
ensuring performance, stability, and governance. Provide tactical
desk support for pricing, risk, hedging, and trade analysis;
respond to ad-hoc analytics requests in a fast-paced environment.
Analyze and support new products, model changes, and analytics
enhancements across the Rates platform. Contribute to the overall
Rates analytics stack, including libraries, tooling, documentation,
testing, and production support. Skills Desired: Python, with
production-quality engineering practices. LLMs and agent
frameworks: LangGraph, LangChain, OpenAI-compatible APIs,
multi-agent orchestration. AI/ML: deep learning, NLP, embeddings,
RAG, classical ML. Data & infrastructure: SQL, vector databases,
time-series data, cloud-native or distributed systems. Quant
finance: yield curve construction, swap pricing, rates volatility,
risk and scenario analysis. Software engineering: APIs, model
deployment, monitoring, and scalable architecture. Minimum
Education Requirement: Master’s degree in related field or
equivalent work experience Shift: 1st shift (United States of
America) Hours Per Week: 40 Pay Transparency details US - NY - New
York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100) Pay and
benefits information Pay range $200,000.00 - $225,000.00 annualized
salary, offers to be determined based on experience, education and
skill set. Discretionary incentive eligible This role is eligible
to participate in the annual discretionary plan. Employees are
eligible for an annual discretionary award based on their overall
individual performance results and behaviors, the performance and
contributions of their line of business and/or group; and the
overall success of the Company. Benefits This role is currently
benefits eligible. We provide industry-leading benefits, access to
paid time off, resources and support to our employees so they can
make a genuine impact and contribute to the sustainable growth of
our business and the communities we serve.
Keywords: Bank of America, West Babylon , VP - GenAI Quant Developer, IT / Software / Systems , New York City, New York